We are going to hold our spring update meeting on Valentine’s Day, February 14th at the K of C Hall in Elgin. Registration and coffee will start at 9:30 AM and the meeting will conclude at about 3 PM. This year’s meeting will focus heavily on markets. We have three speakers that will present their opinion on the market outlook for 2017.
Dale Hebda: PinPoint Solutions
Dale’s been a commodity broker since 1982. He was one of the original proponents of combining crop marketing and crop insurance. Dale helped Stroud Crop Insurance develop the first two marketing endorsements to the standard crop insurance policy. This was the forerunner of today’s revenue crop insurance policies. Dale started a commodity business in 1990 and has shared his opinion since that time. In the 1990’s Dale taught commodity charting classes. His approach is primarily technically based. firstname.lastname@example.org
James Sibbel: Archer Daniels Midlands
James is an integration manager with ADM. He has been working with ADM for 16 years. Jim will discuss the big picture of what the markets revolve around in today’s world. James.Sibbel@adm.com
Ben Buckner with AgResource
Working for AgResource since 2008, Ben Buckner is a specialist in grain markets. Originally from Tennessee, and the grandson of a dairy farmer, Ben holds a B.A. in economics from Transylvania University in Lexington, Kentucky. He began his career in 2005, and his expertise includes wheat and corn supply and demand, international macroeconomic trends, and he has conducted crop tours all over the Midwest for several years. He has presented for farm groups, at Iowa State University and, most recently, at a newly opened port facility in Szczecin, Poland.
Ben will discuss the most PROBABLE scenarios for 2017 including what US and global balance sheets look like using trend yields, trend demand growth, and where acreage will contract and where it will expand. Ben@agresource.com
Call us at 402-843-5342 to get your discount code for AgResource.
Terry Chvatal with GrainBridge:
Terry possesses 20 plus years of proven leadership in developing sales and account management teams; establishing and managing relationships with Fortune 500 clients; increasing sales and revenue streams; creating and launching new product lines; and developing strategies to optimize operational teams.
GrainBridge is a cutting-edge software solution that provides agribusiness and producers a convenient and comprehensive way to organize and manage production agriculture. Designed to be intuitive and versatile, GrainBridge is a user-friendly platform for managing risk and enhancing profitability on any size or type of operation.
GrainBridge is available free to Midplains Ag customers.
Federal Crop Insurance: Trent Stremick and Tim Peterson representing ARMtech
Trent is a familiar face to anybody that has attended our previous meetings. Tim is from eastern South Dakota and started 20 years ago, as an adjuster in the industry. Through the years, he has had different roles with crop insurance from adjuster, compliance, area claims manager and now sales.
Trent and Tim will discuss any changes in crop insurance for 2017 and issues that we need to be concerned about.
Tim can answer any questions related to adjusting.
They will also discuss PCI. ARMtech Insurance Services, Inc. is proud to announce the launch of Production Cost Insurance (PCI), a private product designed to safeguard agricultural producers’ profitability by covering both input costs and a significant portion of fixed costs. ARMtech is partnering with Global Ag Risk Solutions, which developed Production Cost Insurance as an innovative approach to crop insurance which is margin revenue‐based rather than yield‐based.
9:30 AM Registration - Coffee, Rolls
10:00 AM James Sibbel - Corn & Soybeans Fundamentals
10:40 AM Dale Hebda - Corn & Soybeans Technicals
11:20 AM Break
11:30 AM Terry Chvatal - Farm Business Planning
12:10 PM Lunch
12:50 PM John Ferguson - Fertilizer Outlook
1:15 PM Ben Buckner - Market Scenarios for 2017
2:15 PM Trent Stremick & Tim Peterson - Crop Insurance for 2017
3:15 PM Conclusion